Jubilee Metals Group (LON:JLP) Hits New 12-Month Low - Should You Sell?

Jubilee Metals Group PLC (LON:JLP - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2.70 ($0.04) and last traded at GBX 2.85 ($0.04), with a volume of 10630243 shares changing hands. The stock had previously closed at GBX 2.99 ($0.04).

Wall Street Analysts Forecast Growth

Several brokerages have commented on JLP. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 7 ($0.09) price target on shares of Jubilee Metals Group in a research report on Tuesday, April 1st. Royal Bank of Canada dropped their target price on shares of Jubilee Metals Group from GBX 830 ($10.86) to GBX 770 ($10.08) and set an "outperform" rating on the stock in a research report on Tuesday, January 28th.

Jubilee Metals Group Price Performance

The company has a market cap of £90.42 million, a P/E ratio of 14.39 and a beta of 1.47. The stock has a 50-day simple moving average of GBX 3.49 and a 200 day simple moving average of GBX 4.12. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13.

About Jubilee Metals Group

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations. Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs'), chrome, copper, lead, zinc, vanadium and cobalt.